Raising values in our area.

Hello Zillow:
Manufactured homes in Los Angeles across from the water are valued between 500,000. and 800,000.  Those homes are the same as ours.  We're at Cabrillo MHP a manufactured home community and we're told we're lucky to get 150,000 and yet we are less than 1,000 feet (yes we measured it), from the beach.  We're located in Huntington Beach, Surf City.  We, the residents are in an uproar over our low values and are coming to you for help.  We need our values re-appraised badly!  Our address is 21752 Pacific Coast Hwy., H.B. Ca. 92646  Nancy Agostini (949) 945-5320
  • April 03 2012 - Huntington Beach
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Answers (3)

Profile picture for hpvanc
Hopefully Zillow is reporting the market not setting the market, and from what I have seen it is true.  Artificially (gamed) or erroneously high Zestimates don't result in higher prices, just unrealistic and disappointed owners when they try to sell.
  • April 03 2012
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The homes in Los Angeles that I'm referring to are "not on the water".  They're on a high hill overlooking the water. 

Taxes aren't the issue.  We want our homes to have a higher appraised value, should we decide to sell.
  • April 03 2012
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Profile picture for the_country_hick
Being on the water adds a lot to the price compared to being just 100' away from the water. One area can be considered much more desirable (fairly or not) and command a price premium.

Why complain about a low tax assessed value? That means your taxes are lower!!! Assessed value means nothing when property sells. It means a lot every year when taxes have to be paid.
  • April 03 2012
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